With the vast amount of coins and tokens in the market, it can be difficult to pinpoint potential projects that could go to the moon. So, we at CoinQuora have decided to help you out as we’ve handpicked five altcoins that are showing promise this 2022.
These coins and tokens range from fitness-like apps, IoT-related apps, metaverse, governance tokens, and ecosystems.
1. STEPN (GMT)
STEPN (GMT) is a “Web3 lifestyle app” that contains GameFi elements on the Solana blockchain. The app has a move-to-earn concept that combines play-to-earn and a fitness app. Users purchase NFT sneakers to earn in-game currency while walking, jogging, or running.
Users can get the application on Android and iOS and is currently in its beta version. STEPN has plans to optimize its features and launch on other chains in the future.
In recent news, GMT grew over 3,000% since its launch on March 11. GMT rallied from $0.1008 on March 11 to $3.8 on April 20.
Estimated price range of GMT from March 11 to April 20.
At the time of writing, GMT trades at a price of almost $3.5 with a growth rate of over 330% over the past 30 days. It has a market capitalization of almost $2 trillion and a 24-hour trading volume of $1.5 trillion.
2. ApeCoin (APE)
ApeCoin (APE) is an ERC-20 governance and utility token for the APE ecosystem. APE holders govern themselves via a decentralized governance framework to control the ApeCoin DAO. Additionally, as part of its ecosystem, it will power the upcoming BAYC metaverse “Otherside.”
APE launched on March 17 and it still continues to trend, with plenty of news and activities surrounding the project. Such as in March when Snoop Dogg and Wiz Khalifa released a set of NFT music tracks, and when Yuga Labs raised $450 million from a seed round. Of course, there is also the ApeCoin-powered metaverse Otherside, which is scheduled to reveal more details on April 30.
Estimated price range of APE over the past 30 days.
At the time of writing, APE trades at a price of almost $20 with a growth rate of over 35% over the past 30 days. It has a market capitalization of almost $5.5 trillion and a 24-hour trading volume of around $1.5 trillion.
3. Gamium (GMM)
Gamium is a Web3 and metaverse company that aims to be the first platform to unite all metaverse by creating an interconnected multi-metaverse platform. The platform will provide avatars and assets that are multi-metaverse compatible. Gamium launched on March 30.
On March 18, Gamium launched its Lands sales campaign in its metaverse. This allows users to purchase Lands and virtual plots ranging from 1 to 125 ETH. More than 200 Lands were sold after 10 minutes of launch, raising $1 million in Land sales within two weeks.
Estimated price range of GMM over the past 28 days. Note the price soar by 450% since launch.
At the time of writing, Gamium trades at a price of around $0.009 with a growth rate of over 60% over the past 14 days. It has a market capitalization of almost $33 million with a 24-hour trading volume of almost $8 million.
4. JasmyCoin (JASMY)
JasmyCoin (JASMY) is a utility token on the Ethereum blockchain. The project is designed to give people control of their own personal data stored in a “data locker” and sell it to companies that are willing to pay. JasmyCoin is under the Jasmy Corporation, a Toky-based Internet-of-Things (IoT) provider.
JASMY’s price has not been entirely bullish over the past year. However, ever since the news of it committing to a metaverse fund, the price has slowly seen upsides. In a statement, Jasmy announced that “In light of the current financial market and other external market conditions, we are pleased to announce that we have decided to increase our investment budget more than originally assumed.”
Estimated price range of JASMY from its peak in late March to April 27.
At the time of writing, JASMY trades at a price of around $0.02 with a decline rate of around 40% over the past 30 days. It has a market capitalization of $98 million and a 24-hour trading volume of almost $360 million.
While this price isn’t quite as high as previous graphs, it’s also worth noting that if the metaverse fund goes well and more news sprouts in the future – the price could go through a resurgence.
5. Ethereum (ETH)
Ethereum, as we all know, is a decentralized open-source blockchain system that features its own cryptocurrency – Ether (ETH). ETH works as a platform for plenty of other cryptocurrencies and for the execution of decentralized smart contracts. Ethereum’s goal is to become a global platform for decentralized applications.
There is plenty of buzz regarding Ethereum in the news and why it’s a worthy investment. For one, Ethereum powers much of the Metaverse’s commerce. 80% of all NFTs are traded on the Ethereum network and many of the top tokens are Ethereum based. Secondly, the new Ethereum “Merge” is coming possibly “a few months after June.”
At the time of writing, ETH trades at a price of almost $3,000 with a decline rate of around 12% over the past 30 days. It has a market capitalization of almost $350 billion with a 24-hour trading volume of almost $20 billion.
As the Metaverse grows and the upcoming “merge” grows closer, it’s possible that Ethereum’s price would grow even further. These developments would help the ecosystem, and its projects, and will attract more activity to ETH.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.
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Source: Cryptocurrency - investing.com
